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Special> Boao Forum for Asia 2013> Background
UPDATED: May 9, 2012 NO. 19 MAY 10, 2012
Asia: Coming Together for Sound and Sustainable Development

Speech at the Opening Plenary of the Boao Forum for Asia Annual Conference 2012

Li Keqiang, Vice Premier of the State Council of the People's Republic of China

Boao, China, April 2, 2012

Distinguished Guests,

Ladies and Gentlemen,

Dear Friends,

It is my great pleasure to join friends from the world at the Boao Forum for Asia Annual Conference 2012. More than a decade ago, Boao was still a small fishing village little known to the outside world. Today, it has become a major platform for people to compare notes on issues important to Asia's development. Boao has grown through the opening up and development of Asia and China. Its opening up and changes have reflected how deeply connected China and Asia, Asia and the world have become. This gathering gives all of us a good opportunity to look at our world and learn from each other. The Boao Forum is an open and inclusive platform, based in Asia yet with a global perspective. This year's theme, "Asia in the Changing World: Moving Toward Sound and Sustainable Development," is a highly relevant one. On behalf of the Chinese Government, I would like to extend our warmest congratulations on the opening of the conference and our sincere welcome to all the participants coming from afar.

As the world sets its eyes on Asia, Asia is also looking at the world. Right now, profound and complex adjustment and changes are taking place around the globe. Although the world economy has shown signs of recovery and growth outlook in some countries gives reasons for optimism, the underlying impacts of the international financial crisis are still with us. The sovereign debt crisis in Europe persists. Achieving a full global recovery will remain a long and arduous process. At the same time, a new round of technological progress and industrial innovation is in the offing, as worldwide economic restructuring is picking up speed, economic globalization and regional integration moving forward despite twists and turns, adjustment in international political and economic order going into greater depth and the emerging economies playing even greater roles.

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